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FX interbank rate hits $2.5693

FX interbank rate hits $2.5693

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Old May 13th 2004, 10:02 am
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Default FX interbank rate hits $2.5693

will it go any higher????

anyone in the know???
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Old May 13th 2004, 10:17 am
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Default Re: FX interbank rate hits $2.5693

Originally posted by andy thomas
will it go any higher????

anyone in the know???


I have been told it will drop to $2.30 by next Thursday



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Old May 13th 2004, 10:19 am
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Default Re: FX interbank rate hits $2.5693

Originally posted by jib
I have been told it will drop to $2.30 by next Thursday



jib
Andy didnt you already agree your rate?
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Old May 13th 2004, 10:25 am
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THANK'S for reminding me!!!!!
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Old May 13th 2004, 10:34 am
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Plum - what rate did you get?
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Old May 13th 2004, 11:06 am
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Default Re: FX interbank rate hits $2.5693

Jib,

Do you know what the 2.3 forecast is based on?

Thanks.

Originally posted by jib
I have been told it will drop to $2.30 by next Thursday



jib
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Old May 13th 2004, 11:15 am
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Looks as if it is breaking higher at the moment

Ian
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Old May 13th 2004, 11:30 am
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Default Re: FX interbank rate hits $2.5693

Originally posted by jib
I have been told it will drop to $2.30 by next Thursday



jib


I very much doubt it. The rate is supposed to reflect current market expectations so unless you've had insider info from the Treasury depts of either AUS/US/UK then no-one could predict such an outcome.
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Old May 13th 2004, 12:12 pm
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Default Re: FX interbank rate hits $2.5693

Mid rate did get to 2.57 for a nanosecond
Attached Thumbnails FX interbank rate hits .5693-chart.jpg  
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Old May 13th 2004, 12:47 pm
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Default Re: FX interbank rate hits $2.5693

Originally posted by debsy
Andy didnt you already agree your rate?
Yes I did, and Im still happy with it, no one could have predicted such a rise in such a short space of time.
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Old May 13th 2004, 1:22 pm
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please.......lets just change the subject!!!!!
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Old May 13th 2004, 2:53 pm
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Originally posted by plumber
please.......lets just change the subject!!!!!
Oh come on now - tell us Ours could have been a lot better 2.50
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